Borenius advised Danske Bank and Nordea, as the joint global coordinators, on Suominen’s fully underwritten rights issue of EUR 28 million

We advised Danske Bank A/S, Finland Branch, and Nordea Bank Abp, as the joint global coordinators, on Suominen’s fully underwritten rights issue of EUR 28 million. Suominen published an 11-page exemption document under the exemption framework introduced by the EU Listing Act. In connection with the transaction, Suominen’s two largest shareholders were granted permanent exemptions from the obligation to launch a mandatory public takeover bid.

In the offering, Suominen offered new shares for subscription to its existing shareholders in proportion to their pre-emptive subscription rights.

Suominen manufactures nonwovens as roll goods for wipes and other applications. Suominen’s vision is to be the frontrunner for nonwovens innovation and sustainability. The end products made of Suominen’s nonwovens are present in people’s daily lives worldwide. Suominen’s net sales in 2025 were EUR 412.4 million and Suominen has almost 700 professionals working in Europe and in the Americas. Suominen’s shares are listed on Nasdaq Helsinki.